Comparing Presidents: Ronald Reagan Created 8.0% GDP in His Fifth Year – Obama’s GDP at 1.8%
Ronald Reagan and Barack Obama are polar opposites.
Ronald Reagan believed in the American people.
Barack Obama believes in big government.
Reagan believed that a robust private sector creates national wealth.
Barack Obama believes a robust government apparatus creates national wealth.
Ronald Reagan slashed tax rates and allowed the private sector to thrive.
Barack Obama passed a failed trillion dollar stimulus.
Five years after Ronald Reagan entered the White House the GDP was 8.0% .
Five years after Barack Obama entered the White House the GDP is at 1.8% .
The average GDP during the Obama years is a whopping 1.8% .
In other words – a complete disaster.